The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 1st Quarter 10,200 2nd Quarter 7,500 4th Quarter 10,400 3rd Quarter Units to be produced 8,100 Each unit requires 0.45 direct labor-hours, and direct laborers are paid $14.00 per hour. Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.) Rordan Corporation Direct Labor Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year Direct labor time per unit (hours) Total direct labor-hours needed Direct labor cost per hour Total direct labor cost

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Answer full question please.
The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal
year:
4th Quarter
1st Quarter
10,200
2nd Quarter
7,500
3rd Quarter
8,100
Units to be produced
10,400
Each unit requires 0.45 direct labor-hours, and direct laborers are paid $14.00 per hour.
Required:
1. Prepare the company's direct labor budget for the upcoming fiscal year. (Round "Direct labor time per unit (hours)" answers to
2 decimal places.)
Rordan Corporation
Direct Labor Budget
1st Quarter
2nd Quarter
3rd Quarter
4th Quarter
Year
Direct labor time per unit (hours)
Total direct labor-hours needed
Direct labor cost per hour
Total direct labor cost
Transcribed Image Text:The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 4th Quarter 1st Quarter 10,200 2nd Quarter 7,500 3rd Quarter 8,100 Units to be produced 10,400 Each unit requires 0.45 direct labor-hours, and direct laborers are paid $14.00 per hour. Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.) Rordan Corporation Direct Labor Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year Direct labor time per unit (hours) Total direct labor-hours needed Direct labor cost per hour Total direct labor cost
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